Building · Mohammed Bin Rashid City
Properties for sale in The Terraces N
Nothing for sale here with McCone right now — 215 sales are on record at the Dubai Land Department, below.
The recorded market
Price per square foot, by year
The median of every sale registered at the Dubai Land Department here. Not asking prices.
The low was 2021 at AED 1,122 a square foot, and it has recovered 53% since. It is still 11% below its 2025 peak.
What sells here
By size
Registered sales in the last three years. Sizes are the registered floor area.
| Layout | Typical size | Median price | Mean price | Per sq ft | Sales |
|---|---|---|---|---|---|
| 1 B/R | 753 sqft | 1,300,000 | 1,359,444 | 1,836 | 9 |
| 2 B/R | 1,150 sqft | 2,247,500 | 2,562,917 | 1,818 | 24 |
Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.
Every sale, as registered
Recent sales in The Terraces N
The last transfers recorded at the Dubai Land Department, newest first.
| Date | Layout | Size | Price | Per sq ft |
|---|---|---|---|---|
| 12 Feb 2026 | 2 B/R | 2,858 | 3,600,000 | 1,260 |
| 2 Feb 2026 | 1 B/R | 760 | 1,650,000 | 2,172 |
| 27 Nov 2025 | 2 B/R | 1,124 | 2,275,000 | 2,024 |
| 25 Nov 2025 | 3 B/R | 2,892 | 5,650,000 | 1,954 |
| 16 Oct 2025 | 2 B/R | 1,150 | 2,180,000 | 1,896 |
| 13 Oct 2025 | 1 B/R | 755 | 1,600,000 | 2,120 |
| 3 Sept 2025 | 2 B/R | 1,132 | 2,100,000 | 1,854 |
| 11 Jul 2025 | 2 B/R | 1,148 | 2,220,000 | 1,933 |
| 1 Jul 2025 | 2 B/R | 566 | 1,150,000 | 2,031 |
| 10 Jun 2025 | 2 B/R | 1,486 | 2,870,000 | 1,931 |
| 20 May 2025 | 2 B/R | 1,623 | 3,200,000 | 1,972 |
| 14 May 2025 | 2 B/R | 1,124 | 2,200,000 | 1,958 |
How often it trades
Sales per year
Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale
Of the 215 sales on record, 138 were bought off-plan from the developer and 77 were resales of a finished home. The changeover in 2023 is the handover. The 2026 bar is part-year.
Where the market is moving
The busiest buildings in Mohammed Bin Rashid City
The Terraces N sold 0 completed homes in the ninety days to 3 Sept 2026, below the five-sale floor to rank. These are the five busiest buildings in Mohammed Bin Rashid City.
| Rank | Building | Sales, 90 days | Against its usual pace |
|---|---|---|---|
| 1 | Crest Grande | 65 | 8.7× |
| 2 | Elie Saab Vie at the Fields | 29 | 0.9× |
| 3 | Opal Gardens | 13 | 1.4× |
| 4 | The Crest Tower B | 13 | 0.5× |
| 5 | One Park Avenue | 12 | 1.6× |
Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 3 Sept 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Mohammed Bin Rashid City, with pace against each building’s own year before.